This is exactly how the problems started in 2008 as the recession was beginning. The big banks lied about their profits, they lied about their assets, and they lied about the so-called securities they were selling to people. By the time we found out they lied, the recession was in full bloom and millions of workers and their families lost their homes, their jobs, their savings, and their retirement funds.

The solution is simple. The big banks have proven they cannot be trusted with our money or with credit in general. Democratic, public ownership of the banks would put an end to this nonsense, free up credit and reduce interest rates for workers and their families.

For-profit banking must end. Credit should be a tool to develop economies, not destroy them.

Labour Council's "CAPITALISM isn't working for workers" T-Shirt is available for $15.00. (!) Union made quality shirt in a range of sizes. Get yours today.($5.00 shipping if necessary)
Order by email here.

Council Projects

MAYWORKS HALIFAX

Mayworks is a multi-disciplinary arts festival that is designed to bring workers and artists together – using art as a means to explore social and economic justice. The Labour Council is pleased to be making a foray into cultural work and to use culture as a political force, all year long.

SOLIDARIGLEE

Is ready. Every Tuesday, all voices welcome. Raise YOUR voice for justice. See events top of page for details. (formerly LABOUR CHOIR)